Centerra gold announces restrictions on shares held by kyrgyzaltyn jsc

Toronto, may 17, 2021 (globe newswire) -- centerra gold inc. (“centerra” or the “company”) (tsx: cg) (nyse: cgau) announced today that, as a result of the recent events in the kyrgyz republic, kyrgyzaltyn jsc, together with its affiliates, are prohibited from transferring or encumbering any common shares of the company (“centerra shares”) or exercising any voting rights attached to centerra shares. in addition, dividends or distributions on centerra shares that would otherwise be payable to kyrgyzaltyn or its affiliates will be donated to the company to the extent such dividends or distributions can be attributed reasonably to kumtor gold company (“kgc”) (or its assets or operations) or distributions from kgc. kyrgyzaltyn jsc and its affiliates are also not entitled to any dissent rights in respect of their centerra shares should such rights arise.
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